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Securities Industry Essentials Exam (SIE)

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Total Questions : 410

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Question # 121

Rising economic activity is most likely to increase revenues of which of the following sectors?

Options:

A.  

Utilities

B.  

Healthcare

C.  

Consumer staples

D.  

Consumer discretionary

Discussion 0
Question # 122

An investor is long 100 shares of XYZ and sells a covered call with a strike price of $50. If XYZ closes at $45 on the day of expiration, the investor should expect:

Options:

A.  

that the option to be exercised and the stock to be called away.

B.  

that the covered call will expire and the investor will still be long 100 shares of XYZ.

C.  

a margin call on the expiring contract requiring a deposit of additional funds.

D.  

to receive an additional 100 shares since the contract expired out of the money.

Discussion 0
Question # 123

Which of the following parties Is permitted to purchase a security in an Initial public offering (IPO)?

Options:

A.  

A registered representative ' s (RR ' s) brother-in-law

B.  

An RR of a broker-dealer (BD) not involved in the underwriting

C.  

A BD not affiliated with the syndicate for the IPO

D.  

A mutual fund portfolio manager buying for the fund ' s portfolio

Discussion 0
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